Linear Income Vs Residual Income

Most people get paid only once for the work they do. This is the case for people that work for an employer or are self-employed in a traditional trade. They are trading time for money.

residualincomeWhen you work for an employer, you earn a fixed amount of money for the number of hours you work or the number of tasks you complete.

Self-employed trades people like plumbers, electricians and builders earn money based on the amount of work they do. Even professionals like doctors, lawyers and consultants earn money based on the amount of work carried out.

This process of trading time for money is known as Linear Income. This type of income is designed to keep you glued to your job. You cannot create financial freedom following the linear income model.

The richest people in the world follow another income model, know as Residual Income. This is where you do the work once and get paid multiple times.

Authors earn money every time a copy of their book is sold. They also earn royalties when their book is made into a film. They also earn money from the sales of merchandise based on their story.

Joanne Rowling “J.K . Rowling” the author of the “Harry Potter” series of books has earned in excess of a billion dollars in residual income.  Her earnings came from book sales, film rights and Harry Potter merchandise.

Joanne Rowling wrote the Harry Potter books once and continues to get paid royalties again and again.

Musicians earn royalties multiple times from the music they composed once. The same is true for Inventors and artists. Microsoft earns money multiple times from each upgrade of their Windows operating system.

You don’t have to become the next Joanne Rowling or Bill Gates to start building a residual income, which enables you to live your dream lifestyle. You can get started on a part-time basis by starting your own network marketing business.

If you put in the effort in the initial stage of building your network marketing business, you will be able to build-up a substantial monthly residual income within a short-time.

A network marketing business costs very little to start-up compared to franchises and traditional small businesses. You can get started with a budget of under $1,000. If you put in the hard work, you can build-up a monthly residual income of $5,000 to $10,000 within 12 to 24 months.

I am currently building a network marketing business with Organo Gold. If you would like to work with me and build your own Organo Gold business and a monthly residual income, join my team at: http://www.mujibur.organogold.com

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